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  4. Storing Electricity in a Country's Electrical Grid as a Key Energy Problem of the 21st Century

Storing Electricity in a Country's Electrical Grid as a Key Energy Problem of the 21st Century

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Author(s)
Roginskiy, Leonid A.
•
Larson, Richard Charles
•
Belenky, Alexander S.
Date Issued
August 2016
Journal
Procedia Computer Science
Publisher
Elsevier
Citation
Belenky, Alexander S. et al. “Storing Electricity in a Country’s Electrical Grid as a Key Energy Problem of the 21st Century.” Procedia Computer Science 91 (2016): 873–881 © 2016 The Author(s)
Version
Final published version
Abstract
Basic problems of optimizing the structure of a country's electrical grid by incorporating storage facilities and renewable sources of energy into the grid are formulated, and the authors' vision on how to approach some of these problems is offered. A game model for analyzing the potential of an electrical grid with storing facilities to serve its customers and for finding fair (equilibrium) electricity tariffs in it is discussed, and an elementary scheme for estimating advantages of using these fair tariffs by a customer of the grid is proposed. Keywords: derivatives; electrical grid; storing electricity; storing strategy
MIT Department
Massachusetts Institute of Technology. Department of Mathematics
Massachusetts Institute of Technology. Institute for Data, Systems, and Society
Terms of Use
Creative Commons Attribution-NonCommercial-NoDerivs License
http://creativecommons.org/licenses/by-nc-nd/4.0/
Persistent DSpace Link
http://hdl.handle.net/1721.1/115369
DOI of Published Version
https://doi.org/10.1016/J.PROCS.2016.07.105
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